$NEXO is up 1.8% on the day at $0.83, and the only fresh news on its page is two European partnerships.
The feed lists Nexo partnering with Tangany and DLT Finance, plus a wider push across Europe. That's the project's own expansion story and I haven't seen a number on what it's worth, so I'm reading it as a direction, not a result.
What I like: quiet regional deals tend to get priced late. What smells: a 1W move of just 0.73% at rank #87 says nobody has paid for any of it yet. I think that gap is the trade.
$NEXO trades at $0.83 right now, inside a 24h range of $0.801 to $0.84. If it holds $0.801, I think it pushes through $0.84 as the Europe headlines get read. If it loses $0.801, I'm wrong on this and there's nothing to defend, and anyone already in gives back the whole day's move.
Holding $0.801 or losing it?
follow me for more calls like this.
The feed lists Nexo partnering with Tangany and DLT Finance, plus a wider push across Europe. That's the project's own expansion story and I haven't seen a number on what it's worth, so I'm reading it as a direction, not a result.
What I like: quiet regional deals tend to get priced late. What smells: a 1W move of just 0.73% at rank #87 says nobody has paid for any of it yet. I think that gap is the trade.
$NEXO trades at $0.83 right now, inside a 24h range of $0.801 to $0.84. If it holds $0.801, I think it pushes through $0.84 as the Europe headlines get read. If it loses $0.801, I'm wrong on this and there's nothing to defend, and anyone already in gives back the whole day's move.
Holding $0.801 or losing it?
follow me for more calls like this.